Pinakabagong Balita sa Crypto at Market Updates

Bitcoin price hovering around $30,000 is GOOD! Heres why - BitcoinEthereumNews.com

BitcoinBitcoin price hovering around $30,000 is GOOD! Heres why05 / 24 / 2022Balita ng Ethereum ng Bitcoin　　Bitcoin has been consolidating around $30,000 for quite a while now. Most people lost all hope of a renewed uptrend and already are liquidating their crypto portfolios. However, it is important to note that most tokens are currently around their respective support areas. Naturally, the $30,000 for Bitcoin is a strong psychological price that represents a buy zone. In this Bitcoin price prediction article, were going to see why Bitcoin consolidating around $30,000 is a good thing, signaling higher prices in the future.　　Is the current Bitcoin price good for Buying？　　Bitcoin prices fell from a high of $69,600 and reached the current price of $29,350. This 57% drop in prices crashed the entire cryptocurrency market. A snowball effect started to happen, where other mga proyekto ng crypto got affected by those falling prices, and in turn, crashed even harder.　　Sumali sa Chat Discord Fig.1 BTC/USD 1-day chart – TradingView　　The $30,000 price area for Bitcoin is a very important one. In fact, many big firms purchased Bitcoins around that price. Additionally, looking at figure 2 below, we can see how previously, Bitcoin prices did also consolidate around

2022-05-24Bitcoin

Ethereum Classic [ETC] rises upward, but could it be a bull trap - BitcoinEthereumNews.com

EthereumAng Ethereum Classic [ETC] ay tumataas, ngunit maaaring ito ay isang bull trap05 / 24 / 2022Balita ng Ethereum ng Bitcoin　　Disclaimer: Ang mga natuklasan ng sumusunod na pagtatasa ay ang nag-iisang opinyon ng manunulat at hindi dapat isaalang-alang na payo sa pamumuhunan　　On 12 Mayo, Bitcoin sunk to $26.7k, and Ethereum Classic touched the $16 mark at its lows. Since then, the price has bounced quite a bit. Yet, with Bitcoin stuck within a range of $30.7k and $28.7k, the altcoin market has not initiated a recovery. The fear in the market remained strong, and rallies are for selling. This likely holds true for Ethereum Classic too, and the $24 level saw the price pullback to $22.　　Could the bears impose their will on the market once more？　　ETC- 1 Oras na Tsart　　Pinagmulan: ETC / USDT sa TradingView　　For the move up from $19.41 to $24.23, a set of Fibonacci retracement levels was drawn (yellow). On the lower timeframes, the price has formed a series of lower highs and lower lows in the past four days. The push past $21.8 the previous day by the bulls was on high trading volume, although the pullback also saw heavy volume. However, it appeared to suggest that

2022-05-24Ethereum

eBay Joins the NFT Space, Offering Traders a Seamless Experience

Through a strategic partnership with Web3 company OneOf, e-commerce giant eBay has entered the non-fungible token (NFT) sector to enable traders to buy and sell items confidently.　　eBays exclusive NFTs will include animated and 3D interpretations of iconic athletes highlighted on Sports Illustrated covers in the past years. 　　To offer high-value items and heightened passion to the eBay community of buyers and sellers, NFTs emerged as an ideal stepping stone, according to Dan Block, the VP of Collectibles, Electronics, and Home at eBay.　　Block added:　　“NFTs and blockchain technology are revolutionizing the collectibles space, and are increasingly viewed as an investment opportunity for enthusiasts. Through our partnership with OneOf, eBay is now making coveted NFTs more accessible to a new generation of collectors everywhere.”　　With 142 million buyers worldwide, eBay is the second-largest e-commerce player after Amazon and seeks to render more economic opportunities through cutting-edge technologies like NFTs.　　Lin Dai, OneOfs CEO, pointed out:　　“You dont have to be a crypto expert to buy, sell, and collect NFTs. OneOf and eBay are bringing transformative Web3 technology to the next 100M non-crypto-native mass consumers.”　　The NFT collection will comprise 13 limited editions, classified as green, gold, platinum, and diamond. 　　Wayne Gretzky, a Sportsman of the Year, noted:　　“Forty

2022-05-24Malalim na Pagsisid

FTX Quietly Seeks to Buy Brokerage Startups Amid Move into Stock Trading

A report by CNBC media outlets shows that the FTX cryptocurrency exchange has been planning to acquire brokerage startups. The new interest comes after the crypto exchange recently expanded into stock trading.　　Sources familiar with negotiations have disclosed that the Bahamas-based crypto exchange has approached at least three privately held stock trading startups for a possible acquisition.　　The sources asked for their identities to remain anonymous because the deal talks were confidential.　　In recent months, FTX has spoken to firms including Webull, Apex Clearing and Public.com, among others, sources said.　　Last week, FTX announced plans to move into equities. The exchange intends to provide commission-free trading in the U.S. as part of its effort to acquire more users.　　FTX has already created strategic investments in the space. In April, the firm acquired a stake in IEX Group, a major stock exchange based in New York. Earlier this month, FTX CEO Sam Bankman-Fried bought a major stake in Robinhood amid speculation that the crypto firm is looking for a possible acquisition. However, the Robinhood takeover may prove to be difficult without the founders approval.　　Responding to Changes in The Market　　FTX has been ambitious to become a leading crypto exchange in the US. Last week, the exchange opened

2022-05-24Malalim na Pagsisid

GameStop Launches Self Custodial Wallet for Crypto, NFTs

Video game retailer GameStop Corp is advancing its reach into the Web3.0 ecosystem with the launch of its new digital currency wallet.　　As announced by the company, the new wallet is a non-custodial one, and it gives allowance to users to connect to decentralized finance (DeFi) platforms from within their web browsers.　　The company said allowance will be provided by the “digital asset wallet to allow gamers and others to store, send, receive and use cryptocurrencies and non-fungible tokens (”NFTs“) across decentralized apps without having to leave their web browsers.”　　The new wallet is based on the Ethereum blockchain and it can easily be obtained by visiting the Chrome Web Store to download it. Besides granting access to users to connect with any mainstream marketplace in the space, the GameStop non-custodial wallet will also grant seamless access to the companys highly anticipated NFT marketplace.　　The Grapevine Texas-based company, best known for its meme stock trading, has been charting a new path for itself to bring more value to its users and the company at large. The companys stock soared in an unusual way back in January this year as it unveiled its grand entry into the crypto and NFT ecosystem.　　While it has made a

2022-05-24Malalim na Pagsisid

S. Korean Exchanges to be Held Accountable for LUNA Crash

The collapse of the Terra ecosystem including the protocols two flagship digital currencies, LUNA and UST may have more aftermaths than earlier imagined.　　According to the latest reports from local media platform Newspim, the top cryptocurrency exchanges are now likely to be held accountable for failing to implement measures to protect investors from the crash.　　In just about a week, UST depegged widely from the expected $1 price while the LUNA coin lost more than 99.99% of its value, charting the course of history as the worst collapse of a major cryptocurrency in recent times.　　South Korean regulators and lawmakers are notably looking for who to hold accountable for this unfortunate event and exchanges including Bithumb, Upbit, Coinone, Korbit, and Gopax are the best culprits. With a meeting scheduled for Tuesday, May 24th, a number of government officials, crypto industry giants, and members of the legislative arm will be present to assess the customer protection measures instituted before the crash by the trading platforms.　　While it is not clear the exact yardstick and the modalities the inquiries will take, the latest reports confirm earlier stories that show the government has resorted to intensive scrutiny for digital assets trading platforms operating in the country.　　With the

2022-05-24Malalim na Pagsisid

Bitcoin (BTC) Always Pegs Higher Trust Over Ether (ETH) in Bear Market - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin (BTC) Always Pegs Higher Trust Over Ether (ETH) in Bear Market05 / 24 / 2022Balita ng Ethereum ng Bitcoin　　Ang dalawang pinakamalaking cryptocurrencies sa mundo - Bitcoin at Ether - ay malapit na sumusunod sa isat isa sa kamakailang pagbagsak ng merkado. Sa nakalipas na ilang taon, pinagtatalunan ng mga market analyst na ang Ether ay matagal nang nangunguna sa Bitcoin.　　Gayunpaman, ang on-chain data ay nagmumungkahi na ang Bitcoin ay gumanap ng medyo mas mahusay kaysa sa Ethereum, lalo na sa panahon ng bear market. Sa maikling panahon, ang buwanang mga profile sa pagbabalik para sa BTC at ETH ay hindi maganda.　　Alinsunod sa data mula sa Glassnode, nagbigay ang Bitcoin ng negatibong 30% return sa maikling panahon na ibig sabihin ay naitama ito ng 1% sa average sa araw-araw. Ang negatibong pagbabalik na ito ay halos kapareho sa mga nakaraang cycle ng bear market para sa Bitcoin.　　Sa kabilang banda, ang buwanang profile sa pagbabalik ay nagpapakita na ang Ethereum ay nagbigay ng medyo mas mahinang pagganap ng -34.9%. Ipinapakita rin nito na ang ugnayan ng pagganap sa pagitan ng dalawang asset na ito ay nananatiling medyo malakas.　　Paghahambing ng Pangmatagalang Bitcoin at Ether CAGR　　Tingnan natin ang pangmatagalang view ng performance

2022-05-24Ethereum

Inaangkin ng Gobernador ng Bank of England na Mabibigo ang Bitcoin bilang Paraan ng Pagbabayad - BitcoinEthereumNews.com

Alex Dovbnya　　Iginiit ni Bank of England Governor Andrew Bailey na walang intrinsic na halaga ang Bitcoin　　Gobernador ng Bank of England Andrew Bailey ay sumali sa koro ng mga sentral na bangkero na pumuna sa mga cryptocurrencies sa nakaraang linggo.　　Sa kanyang kamakailang paglabas sa podcast, hinulaan ni Bailey na ang Bitcoin ay hindi magiging malawak na tinatanggap na paraan ng pagbabayad dahil hindi ito praktikal.　　Tulad ng iniulat ng U.Today, paulit-ulit na sinabi ng central banker na ang Bitcoin ay walang intrinsic na halaga.　　Si Bailey ay patuloy na nananatili sa kanyang mga baril, na sinasabing ang Bitcoin ay may halaga lamang dahil ang mga tao ay gustong magkaroon nito. Kinakolekta ng mga tao ang lahat ng uri ng mga bagay, sabi ni Bailey.　　Sa nakalipas na linggo, maraming mga high-profile na sentral na banker ang gumawa ng ilang hindi nakakaakit na komento tungkol sa crypto. Tulad ng iniulat ng U.Today, ang Pangulo ng European Central Bank na si Christine Largade ay naghinuha na ang crypto ay talagang walang halaga habang hinaing ang labis na haka-haka na nauugnay sa klase ng asset ng nobela.　　Mas maaga ngayon, sinabi ni Shaktikanta Das, ang gobernador ng Reserve Bank of India, na ang crypto ay walang pinagbabatayan na

2022-05-24Industriya

Bitcoin, Ethereum, Cardano, and Tron Daily Price Analyses – 23 May Roundup - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin, Ethereum, Cardano, and Tron Daily Price Analyses – 23 May Roundup05 / 23 / 2022Balita ng Ethereum ng Bitcoin　　The performance of the global crypto market has seen challenges as it has shed value over the last 24 hours. The course for Bitcoin and most altcoins changed due to recessive pull. The result was a dominant trend of sell-offs, which affected the markets momentum. The change this time was the lasting bullishness in the market compared to other times. It was close to crossing the previous barrier in the global market cap value as it moved forward. The current change has put all these plans to a halt.　　El Salvador has been facing problems recently due to consistent recession in the market. It had invested heavily in Bitcoin while promoting Bitcoin on the state level and even proposed plans for a ‘Bitcoin’ city. The market has begun to take bearish and bullish turns since October 2021, and the BTC value has receded significantly. The changes show evident impacts on the economy of El Salvador. IMF had tried multiple times to replace Bitcoin as the legal tender. Now, when the crisis has worsened, IMF will be assisting El Salvador in compiling

2022-05-24Ethereum

eBay Launches First Collection of NFTs - BitcoinEthereumNews.com

Alex Dovbnya　　E-commerce giant eBay has finally launched its first NFT collection, but it might be a year too late　　Higante ng E-commerce eBay anounced the launch of its first non-fungible token collection in partnership with hockey legend Wayne Gretzky earlier this Monday.　　The San Jose, California-based company joined forces with “green” NFT platform OneOf in order to roll out the collection.　　The collection will feature 13 different works of art devoted to one of the greatest hockey players of all time. Each piece costs up to $1,500.　　eBays Dawn Block claims that non-fungible tokens are disrupting the collectibles sector.　　eBay was launched at the peak of the dot-com boom in the late 1990s. It remains the second most popular e-commerce platform in the U.S., but it is substantially lagging behind rival Amazon.　　Amazon was rumored to pivot to cryptocurrencies in late 2021, but the company vehemently denied such plans.　　Jamie Ianone, CEO of eBay, confirmed nakaraang taon that the company was exploring crypto payments.　　Huli na？　　As iniulat ni U. Ngayon, eBay first anounced that it was going to allow NFT sales last May. Back then, the whole sector was thriving due to growing interest.　　NFTs have not been immune to overwhelming bearishness within the cryptocurrency market.　　Crypto Winter has taken

2022-05-24Industriya

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